The European Stability Mechanism (ESM)

Eurozone finance ministers will discuss European Commission proposals to make use of the bloc's bailout fund to fight the economic impact of the coronavirus pandemic in a teleconference on Tuesday evening, the Commission said.

Prime Minister Kyriakos Mitsotakis and European Investment Bank (EIB) Vice President Andrew McDowell signed an agreement on Friday for the setting up of a guarantee fund for small and medium-sized enterprises (SMEs) on Friday, his office said.

Greek state bonds on Friday recorded the best performance in the eurozone, with the yield of the 10-year bond dropping by an additional 5 basis points to 1.10 percent after a record low on Thursday.

Last week's 15-year Greek government bond issue was successful, but not quite good enough for the state to immediately repay another section of the loans from the International Monetary Fund early.

The European Stability Mechanism (ESM) has appointed Paolo Fioretti as mission chief for Greece, replacing Nicola Giammarioli who held the post since 2015, the ESM said in a statement.

The European Stability Mechanism (ESM) on Thursday announced that the Board of Directors of the European Financial Stability Facility (EFSF) decided to reduce to zero the step-up margin due from Greece for the period between 17 June 2019 and 31 December 2019, as part of the medium-term debt relief measures agreed for the country.

The fact that Greece pays an interest rate of only 1.17 percent for its 10-year government debt is a sign that the country is now implementing a credible policy, the head of the European Stability Mechanism (ESM) Klaus Regling said in an interview published Wednesday.

International rating agency Moody's on Thursday described Greece's planned early repayment of part of the loans issued by the International Monetary Fund as a "credit positive." Amounting to 2.7 billion euros, the payment was approved on Monday by the European Stability Mechanism (ESM).

The boards of the European Stability Mechanism (ESM) and European Financial Stability Facility (EFSF) agreed on Monday to allow Greece to repay earlier a part of its expensive loan to the International Monetary Fund (IMF), without paying an equal amount to the two organizations.

Finance Minister Christos Staikouras sent a letter on Monday asking the European Stability Mechanism (ESM) and the European Financial Stability Facility (EFSF) to approve the repayment of the expensive part of Greece's loan from the International Monetary Fund before it is due.